What is the first thing I need to know regarding purchase conveyancing in Kensington?
Not many law firms or advisers will tell you this but conveyancing in Kensington and elsewhere in England and Wales is an adversarial process. Put another way, when it comes to conveyancing there exists lots of room for confrontation between you and others involved in the house moving process. For example, the seller, selling agent and on occasion the mortgage company. Appointing a solicitor for your conveyancing in Kensington an important selection as your conveyancer is your adviser, and is the SOLE person in the legal process whose responsibility is to act in your best interests and to keep you safe.
Every so often a third party with a vested interest will try and persuade you that it is in your interests to do things their way. For example, the estate agent may claim to be helping by suggesting your lawyer is wrong. Or your mortgage broker may try to convince you to do take action that is contrary to your lawyers guidance. You should always trust your lawyer above all other parties in the conveyancing process.
We are planning to buy with Coventry BS. I went into a few high street practices yet cant to find a Kensington conveyancing firm on the Coventry BS panel. Please you help?
You should take advantage of the find a lender approved solicitor tool on this page. Pick the building society and type Kensington or your location and you will be presented with a number of lawyer based in Kensington or nearest you.
I bought my house on 4 October and my personal details is not yet registered. Need I be worried? My conveyancing solicitor in Kensington advises it should be dealt with in a couple of weeks. Are titles in Kensington particularly slow to register?
As far as conveyancing in Kensington registration is no quicker or slower than the rest of the country. Rather than based on location, timeframes can differ according to the party submitting the application, whether it is in order and if the Land registry have to notify any 3rd persons or bodies. As of today roughly three quarters of submission are fully dealt with within 12 days but some can be subject to protracted hold-ups. Historically registration is effected after the purchaser has moved in to the premises therefore 'speed' is not usually primary concern but where it is urgent that the the registration takes place urgently then you or your lawyers should speak with the land registry and explain the circumstances.
I opted to have a survey done on a house in Kensington prior to instructing conveyancers. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some mortgage companies will refuse to give a mortgage on a flying freehold home.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Kensington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Kensington to see if the conveyancing will be more expensive.
I've recently bought a leasehold house in Kensington. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I have given up trying to purchase the freehold in Kensington. Can the Leasehold Valuation Tribunal adjudicate on premiums?
You certainly can. We are happy to put you in touch with a Kensington conveyancing firm who can help.
An example of a Lease Extension decision for a Kensington premises is 93 Oakwood Court in June 2010. the LVT determined that the premium to be paid for the new lease was £492,083, This case affected 1 flat. The remaining number of years on the lease was 37.79 years.
Whilst your website is a good idea there are many lawyers listed near Kensington being on the mortgage company conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for our mortgage company?
We are not in the business of recommending one firm above another as the right Kensington conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Kensington knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..